Inbound shipments to the Port of Los Angeles — the busiest container hub in the U.S. — dropped as much as 30% in early May as President Donald Trump’s tariffs discourage trade.
May 20, 2025Search
Showing 10 of 9931 results
KAG Canada Buys Milk, Bulk Liquids Carrier Fisher Transport
Kenan Advantage Group inked its third acquisition of 2025 on May 16 as KAG Canada bought liquid bulk carrier Fisher Transport for an undisclosed sum.
May 19, 2025JBS Vote Spurs SEC Probe Request From Rand Paul
Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.
May 19, 2025Saddle Creek Logistics to Lay Off 54 in Virginia
Saddle Creek Logistics plans to lay off 54 employees at its facility in South Richmond, Va., as freight shipping worldwide slows down because of uncertainty over tariffs and the economy.
May 19, 2025How AI Could Help Streamline Logistics Operations
As artificial intelligence continues to advance, technology developers are beginning to introduce AI-powered virtual agents and assistants that could change how logistics work is done.
May 18, 2025DHL Buys IDS Fulfillment to Beef Up US E-Commerce Division
The acquisition of Plainfield, Ind.-based e-commerce fulfillment and retail distribution logistics provider IDS is intended to boost DHL’s reach among small and midsize customers.
May 16, 2025DAT Buys Invoice Payment Specialist Outgo
In DAT’s second acquisition in six months, the Beaverton, Ore.-based company added automated invoice payment to the truckload freight marketplace and research group’s product suite.
May 16, 2025Court Approves Sale of Seven Additional Ex-Yellow Terminals
The court overseeing the bankruptcy proceedings of Yellow approved the sale of a further seven terminals, according to a filing.
May 16, 2025Tariff Truce Boosts Global Shippers
Importers rushing to ship Chinese goods to the U.S. using a short reprieve from paralyzing tariffs could provide a much-needed boost to global freighters including Maersk and Cosco.
May 16, 2025Fed’s Barr Says Supply Chain Chaos Could Boost Inflation
Federal Reserve Governor Michael Barr said the economy is on solid ground, but warned tariff-related supply chain disruptions could lead to lower growth and higher inflation.
May 15, 2025